Home

Should You Cash a Check Marked 'Payment in Full'?

April 22, 2016

It is not uncommon for a homeowner who has a dispute with a remodeler over some aspect of a project to write a check for less than the final balance due, and write "paid in full" or something similar in the memo field. In many jurisdictions, cashing that check could forfeit the ability to claim the balance of payment due. While a homeowner can't arbitrarily use such a ploy in the middle of a job, many courts have ruled in favor of a homeowner who makes such a claim on a check at project completion.

Read more at The Lien Zone

 

Sign up for Pro Remodeler Newsletters
Get all of the latest news and updates.